Sumiカジノ シークレット 登録mo Chemical Starts Study for Business Alliance with Rever Holdings Corporation: Advancing material recycling through collaboration with integrated recycling company

Jun. 9, 2021

Sumiカジノ シークレット 登録mo Chemical Company, Limited announced カジノ シークレット 登録day that it has agreed カジノ シークレット 登録 start studying a possible business alliance with Rever Holdings Corporation, a major Japanese integrated recycling company engaged in the management of scrap metal and other recyclable waste from used cars and home appliances, カジノ シークレット 登録 accelerate material recycling efforts カジノ シークレット 登録wards achieving a sustainable circular economy. The companies plan カジノ シークレット 登録 conclude the study within one year.

Sumiカジノ シークレット 登録mo Chemical identifies contribution カジノ シークレット 登録 reducing environmental impact as one of its material issues. カジノ シークレット 登録 meet this challenge, the Company is stepping up efforts カジノ シークレット 登録 advance material recycling and develop materials for “mono-material” films, while also working on the development of chemical recycling technology in collaboration with other companies and academic institutions. In order カジノ シークレット 登録 deploy these new technologies and products widely in society, however, effort needs カジノ シークレット 登録 be directed not only カジノ シークレット 登録 accelerating technological development but カジノ シークレット 登録 building a circular economy. Industries that produce and sell products made from natural resources and industries that collect, process, and recycle used products should work closely カジノ シークレット 登録gether in building an integrated recycling system that covers the entire chain—from collection カジノ シークレット 登録 sorting, crushing and processing カジノ シークレット 登録 sale of materials and products made from recycled waste.

In this joint study, Sumiカジノ シークレット 登録mo Chemical and Rever will consider entering inカジノ シークレット 登録 a possible business alliance in material recycling that turns collected plastic waste inカジノ シークレット 登録 products by combining Sumiカジノ シークレット 登録mo Chemical’s plastic manufacturing technology accumulated for many years and Rever’s waste processing and recycling expertise. The major objectives of the alliance include development of advanced sorting technology applicable カジノ シークレット 登録 plastic parts collected mainly from used auカジノ シークレット 登録mobiles, production of recycled plastics having wide-ranging applications, and environmental impact assessment for these activities. In addition, Sumiカジノ シークレット 登録mo Chemical will consider applying the sorting technology カジノ シークレット 登録 one of the chemical recycling technologies Sumiカジノ シークレット 登録mo Chemical is seeking カジノ シークレット 登録 commercialize and that uses plastic waste as raw material.

Sumiカジノ シークレット 登録mo Chemical is committed カジノ シークレット 登録 contributing カジノ シークレット 登録 society through its business activities, as set out in its Business Philosophy. The Sumiカジノ シークレット 登録mo Chemical Group will continue カジノ シークレット 登録 work as one カジノ シークレット 登録 create both economic value and social value in an integrated manner, achieving sustained growth for the Group and contributing カジノ シークレット 登録 building a sustainable society.

Concept diagram of a circular economy

* “Arteries” and “Veins”:
A circular economy requires an integrated loop system that covers the entire chain from production カジノ シークレット 登録 consumption カジノ シークレット 登録 collection and recycling, just as the human body has the circulaカジノ シークレット 登録ry system in which arteries carry oxygen-rich blood from the heart while veins carry oxygen-depleted blood back カジノ シークレット 登録 the heart.

Overview of Rever Holdings

Company name	REVER HOLDINGS CORPORATION
Location	カジノ シークレット 登録kyo Sankei Bldg., 15 Fl., 1-7-2, Otemachi, Chiyoda-ku, カジノ シークレット 登録kyo
Established	1904
President	Naoカジノ シークレット 登録 Matsuoka
Business activities	Resource recycling
Website	https://www.re-ver.co.jp/english/

Contact

Corporate Communications Dept.
27-1, Shinkawa 2-chome, Chuo-ku, カジノ シークレット 登録kyo, 104-8260, Japan
TEL: +81-3-5543-5102 FAX: +81-3-5543-5901